Quis custodiet ipsos custodes?

Journalists Tried to Be Players But Became Pawns

Truman Show Moments and Doublethink on the Road to Deep Capture

You may remember Peter Weir’s 1998 film, The Truman Show, in which the protagonist (Jim Carrey) is enjoying what he perceives as a picture-perfect life in the idyllic town of Seahaven, but which is...
Patrick Byrne
9 min read

Fortune Magazine Gets the Vapors Defending Goldman Sachs

“I am really going to enjoy watching Goldman Sachs try to justify its nefarious schemes to a jury box with 12 Americans in it,’ he said.” That was Fortune Magazine quoting me on January...
Patrick Byrne
2 min read

SABEW Demands Ideological Purity, Membership Conducts Maoist “Self-Criticism” Ritual

I did not really have a burning desire to join SABEW. To steal a page from Groucho Marx, I wouldn't want to join any club that would have SABEW members as members.
Patrick Byrne
10 min read

Gary Weiss, Psychopath & Scaramouch (Portfolio Magazine)

Summary – For over 10 years Gary Weiss (once a reporter with BusinessWeek, and recently, a columnist with Forbes) has been posting under fake names to confuse, distort, and hijack Usenet groups, stock message...
Patrick Byrne
17 min read

Fortune Magazine Stonewalls Exposure of Bethany McLean Perfidy

Summary – This post contains two emails I sent Fortune Magazine regarding Deep Capture’s work documenting an inappropriate relationship between journalist Bethany McLean and hedge fund Rocker Partners. If after reading this you agree...
Patrick Byrne
4 min read

Rocker Partners and Bethany McLean: the smarmiest guys in the room

the evidence shows that Rocker Partners hedge fund first approached Bethany McLean about Fairfax on December 7, 2006. Bethany then met with Rocker Partners employee (and former SEC attorney) Richard Sauer 11 days later,...
Judd Bagley
1 min read

Bethany McLean: your benefit of the doubt is hereby revoked

There’s no sense denying it: reporters depend on sources, and in the mind  of most business journalists, a connected hedge fund manager will always prove a more valuable source than even the CEO of...
Judd Bagley
3 min read

Carol Remond Tells a Joke She Doesn’t Get (DowJones)

Summary – Carol Remond recently wrote a defense of the meltdown of Rocker Partners (a.k.a. Copper River), her argument being, Rocker Partners shut down through no fault of their own, but because starting in...
Patrick Byrne
4 min read

Roddy Boyd Sucks It Like He’s Paying the Rent (Fortune Magazine)

In the adult novelty & video arcade shop that is our New York financial establishment, one of the mop-and-spooge-bucket boys is Roddy Boyd, formerly of the New York Post (for folks who move their...
Patrick Byrne
3 min read

David Einhorn, Cheryl Strauss, and the “Unavailable” Bethany McLean

As will be explored in a subsequent piece, it would be fair to describe my relationship with Bethany McLean of Fortune as “strained”. However, it is not unusual for her to write or call...
Patrick Byrne
14 min read